Caterpillar climbs after Q1 beat on strong equipment sales

Caterpillar

30/04/2026 12:38

** Shares of construction equipment company Caterpillar CAT.N up 4.9% at $849.60 premarket

** Co posts Q1 adj EPS of $5.54, well above analyst expectations of $4.62 - LSEG data

** Revenue rose 22% to $17.42 bln, beating the consensus estimate of $16.61 bln

** Co cites strong demand for its power generation and construction equipment

** 15 out of 30 analysts rate stock "buy" or higher, 12 rate it "hold", three "sell"; median PT at $769 - data compiled by LSEG

** As of last close, CAT stock up 41.4% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))